Each year, the prestigious Indianapolis 500 is held at the iconic Indianapolis Motor Speedway, attracting fans and racers alike. As the stakes continue to rise with the increasing prize purse, the anticipation builds around who will take home the coveted trophy and significant prize money after the thrilling 2025 race. This event not only represents a major milestone in the IndyCar Series but also holds a special place in the hearts of racing enthusiasts, making it a must-watch spectacle.

During the exhilarating race on Sunday, May 25, racer Kyle Larson faced a challenging moment when he lost control of his vehicle and crashed during lap No. 93. Fortunately, he managed to exit his car unharmed and was promptly transported to an ambulance. Following this, Larson was airlifted via helicopter to the Charlotte Motor Speedway to participate in the Coca-Cola 600. In a separate incident, fellow racer Alexander Rossi experienced a vehicle fire shortly after a pit stop, adding to the day’s dramatic events.

Stay tuned for updates on the Indy 500 leaderboard and the announcement of the race winner, as the excitement continues to build among fans and participants alike.

An early exit for Josef Newgarden and his attempt at a 3-peat. #Indy500 on FOX pic.twitter.com/kTnjvtp3ls

— INDYCAR on FOX (@IndyCarOnFOX) May 25, 2025

Why Drinking Milk is a Cherished Tradition for Indy 500 Winners

Indeed, the tradition of the winner of the Indy 500 drinking milk is a cherished and iconic ritual. According to the Indianapolis Motor Speedway and highlighted by USA Today, this practice began with three-time winner Louis Meyer, who would sip buttermilk to hydrate on hot race days. After winning the race in 1936, he was photographed enjoying his drink in Victory Lane, and this moment sparked a tradition that was fervently supported by the Milk Foundation. Although there was a hiatus in the tradition between 1947 and 1955, it was revived in 1956 and has since become an unbreakable custom that symbolizes victory in this legendary race.

Current Standings and Competitors in the Indy 500 Race

Following Larson’s unfortunate crash, a fierce competition ensued among racers Devlin DeFrancesco, Ryan Hunter-Reay, Jack Harvey, Davis Malukas, Alex Palou, Santino Ferruci, and Conor Daly, all vying intensely for the top five positions on the track. The dynamic nature of the race kept fans on the edge of their seats as these skilled drivers navigated the challenges of the iconic Indianapolis Motor Speedway.

The former champion Josef Newgarden faced disappointment as he had to return to the pit lane, ultimately exiting the race and thereby ending his quest for a remarkable three-peat victory in the Indy 500. This turn of events not only affected his chances but also shifted the dynamics of the race, opening opportunities for other competitors to seize the lead.

Conor Daly! Sensational!#Indy500 on FOX pic.twitter.com/myTVWlrVGb

— INDYCAR on FOX (@IndyCarOnFOX) May 25, 2025

Historic Victory: Alex Palou Wins the 2025 Indy 500

The thrilling outcome of the 2025 Indy 500 crowned Alex Palou as the champion, marking a historic moment as he became the first Spaniard to ever win this prestigious race. His victory not only highlights his exceptional driving skills but also elevates his status in the annals of motorsport history, inspiring future generations of racers.

Financial Rewards for the Indy 500 Champion

Absolutely, the winner of the Indy 500 receives substantial financial compensation along with the esteemed Borg-Warner Trophy. The prize purse has seen remarkable growth over the years, reaching approximately $20 million for the 2025 race, as reported by USA Today. The champion could potentially walk away with an impressive amount of up to $4.5 million, reflecting the significance and prestige of this iconic event in the world of motorsport.

For context, following the previous year’s race in 2024, Newgarden earned a staggering $4.288 million after securing victory two consecutive times. With aspirations to achieve a three-peat in 2025, the stakes were particularly high for him, adding to the intense competition and excitement surrounding this year’s race.